Real Estate Investment Properties for Sale in Indian River, MI

Looking for investment property in Indian River, MI with high ROI ?

Explore a variety of short-term homes & houses in Indian River, MI. Invest wisely with VRBO & Indian River, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Indian River, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3140 Mingo Trail Indian River, MI Boating the Inland Waterway from your home on the Indian River is a boater's dream. Your p...	3 beds \| 2 baths \| 1,344 sq.ft.	$749,900	Airbnb cash on cash: -1.6% Traditional cash on cash: 0.96% Airbnb Rental Income: $1115 Traditional Rental Income: $2530 Airbnb ROI: -1.6% Traditional ROI: 0.96%
569 Cedar Drive Indian River, MI This beautifully renovated 2-bedroom, 2-bathroom home on the east shore of Burt Lake offer...	2 beds \| 2 baths \| 1,624 sq.ft.	$1,100,000	Airbnb cash on cash: -1.56% Traditional cash on cash: -0.12% Airbnb Rental Income: $1532 Traditional Rental Income: $2565 Airbnb ROI: -1.56% Traditional ROI: -0.12%
4189 Big Sky Trail Indian River, MI PRICED REDUCED! SELLERS VERY MOTIVATED! Nestled on nearly 8 acres of pristine wilderness, ...	2 beds \| 1 baths \| 2,158 sq.ft.	$399,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 2.54% Airbnb Rental Income: $1532 Traditional Rental Income: $1990 Airbnb ROI: 0.13% Traditional ROI: 2.54%
1076 W Devereaux Lake Road Indian River, MI Welcome to Lonesome Dove acres. Discover 33 acres of pure up north potential just minutes ...	3 beds \| 2 baths \| 1,086 sq.ft.	$439,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.27% Airbnb Rental Income: $1115 Traditional Rental Income: $1959 Airbnb ROI: 0.3% Traditional ROI: 3.27%
6986 Chippewa Trail Indian River, MI This custom-built cottage-contemporary home offers an opportunity that if you are looking ...	3 beds \| 2 baths \| 2,974 sq.ft.	$699,999	Airbnb cash on cash: -1.54% Traditional cash on cash: 1.59% Airbnb Rental Income: $1115 Traditional Rental Income: $2780 Airbnb ROI: -1.54% Traditional ROI: 1.59%
8554 W M-68 Indian River, MI Discover your dream retreat with this stunning 3-bedroom, 1-bedroom/office (non-conforming...	3 beds \| 3 baths \| 2,859 sq.ft.	$2,300,000	Airbnb cash on cash: -2.23% Traditional cash on cash: -0.91% Airbnb Rental Income: $1115 Traditional Rental Income: $3553 Airbnb ROI: -2.23% Traditional ROI: -0.91%
6378 Hillside Avenue Indian River, MI Experience timeless elegance in this beautifully preserved 1890s Victorian, nestled in the...	5 beds \| 3 baths \| 2,800 sq.ft.	$949,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 2.59% Airbnb Rental Income: $2317 Traditional Rental Income: $3444 Airbnb ROI: 0.67% Traditional ROI: 2.59%
5064 Wilson Road Indian River, MI Are you searching for a home nestled near the beauty of the Sturgeon River, state land, an...	2 beds \| 2 baths \| 1,300 sq.ft.	$265,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 6.47% Airbnb Rental Income: $1532 Traditional Rental Income: $2052 Airbnb ROI: 2.61% Traditional ROI: 6.47%
6116 Hemlock Street Indian River, MI Welcome to this beautiful Colonial-style home located in the heart of Indian River. Just a...	4 beds \| 2 baths \| 2,067 sq.ft.	$439,000	Airbnb cash on cash: 2% Traditional cash on cash: 5.73% Airbnb Rental Income: $1884 Traditional Rental Income: $2913 Airbnb ROI: 2% Traditional ROI: 5.73%
6363 Burchfield Road Indian River, MI What a great 5 bedroom 5 bathroom home located in the Village Of Indian River, This spacio...	5 beds \| 4 baths \| 3,400 sq.ft.	$950,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 4.06% Airbnb Rental Income: $2317 Traditional Rental Income: $5076 Airbnb ROI: 0.29% Traditional ROI: 4.06%
2371 E Mullett Lake Road Indian River, MI Enjoy privacy, convenience and turnkey homestead living with this spacious 5 bedroom, 3 ba...	5 beds \| 2 baths \| 2,799 sq.ft.	$599,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 3.07% Airbnb Rental Income: $2317 Traditional Rental Income: $2540 Airbnb ROI: 1.64% Traditional ROI: 3.07%
302 NE Mullett Lake Rd Indian River, MI Welcome to ''Bocage Del Norte'' - your ideal Up North escape! Lovingly updated and expande...	2 beds \| 2 baths \| 1,294 sq.ft.	$220,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 7.43% Airbnb Rental Income: $1532 Traditional Rental Income: $2017 Airbnb ROI: 2.97% Traditional ROI: 7.43%
3079 Parrotts Pointe Indian River, MI Looking for a home with waterfront access and boating privileges? Welcome to your Up North...	3 beds \| 2 baths \| 1,352 sq.ft.	$325,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 6.5% Airbnb Rental Income: $1115 Traditional Rental Income: $2431 Airbnb ROI: 0.97% Traditional ROI: 6.5%
5344 Wilson Indian River, MI Welcome to 5344 Wilson Rd, Indian River, MI â a spacious 2,160 sq ft home featuring 3 b...	3 beds \| 3 baths \| 1,860 sq.ft.	$279,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 8.86% Airbnb Rental Income: $1115 Traditional Rental Income: $2869 Airbnb ROI: 0.76% Traditional ROI: 8.86%
6888 Sequoia Drive Indian River, MI This brand-new home is currently under construction and perfectly situated on a spacious o...	3 beds \| 2 baths \| 1,683 sq.ft.	$424,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 5.16% Airbnb Rental Income: $1115 Traditional Rental Income: $2610 Airbnb ROI: 0.46% Traditional ROI: 5.16%
4675 INLAND ROUTE Indian River, MI Nestled in a serene setting in Indian River, this impeccably maintained chalet-style home ...	2 beds \| 1 baths \| 950 sq.ft.	$269,500	Airbnb cash on cash: 2.59% Traditional cash on cash: 4.4% Airbnb Rental Income: $1532 Traditional Rental Income: $1548 Airbnb ROI: 2.59% Traditional ROI: 4.4%
7207 Frontenac Avenue Indian River, MI Spacious Year-Round Retreat Near Burt Lake. 5-bedroom, 3-bath home offering over 3,000 squ...	5 beds \| 3 baths \| 3,100 sq.ft.	$349,000	Airbnb cash on cash: 3.51% Traditional cash on cash: 8.07% Airbnb Rental Income: $2317 Traditional Rental Income: $3239 Airbnb ROI: 3.51% Traditional ROI: 8.07%
6613 Hillside Avenue Indian River, MI Experience lakeside living at its finest in this exceptional home on the east shore of Bur...	4 beds \| 4 baths \| 3,927 sq.ft.	$2,250,000	Airbnb cash on cash: -1.64% Traditional cash on cash: -0.27% Airbnb Rental Income: $1884 Traditional Rental Income: $4257 Airbnb ROI: -1.64% Traditional ROI: -0.27%

Real Estate investment in Indian-river, MI

There are 20 properties for sale in the city of Indian River . The median list price in Indian River is $439,000 and the average price per square foot is $201. In December 2025, the average monthly cash on cash return in Indian River is 3.00%. The average monthly rental income in Indian River is $2,588.

Indian-river, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 20 investment properties available for sale in Indian-river.

In 2025, the best neighborhood to buy investment property is Indian River.

The ROI for Short-Term is higher than the Long-Term in Indian-river with average rental income of $1,532.

Your search for investment property begins and ends here

Investment Property for Sale in Indian River, MI

3140 Mingo Trail

Indian River, MI

3 beds | 2 baths | 1,344 sq.ft.

$749,900

Airbnb cash on cash: -1.6%

Traditional cash on cash: 0.96%

Airbnb Rental Income: $1115

Traditional Rental Income: $2530

Airbnb ROI: -1.6%

Traditional ROI: 0.96%

569 Cedar Drive

Indian River, MI

2 beds | 2 baths | 1,624 sq.ft.

$1,100,000

Airbnb cash on cash: -1.56%

Traditional cash on cash: -0.12%

Airbnb Rental Income: $1532

Traditional Rental Income: $2565

Airbnb ROI: -1.56%

Traditional ROI: -0.12%

4189 Big Sky Trail

Indian River, MI

2 beds | 1 baths | 2,158 sq.ft.

$399,900

Airbnb cash on cash: 0.13%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $1532

Traditional Rental Income: $1990

Airbnb ROI: 0.13%

Traditional ROI: 2.54%

1076 W Devereaux Lake Road

Indian River, MI

3 beds | 2 baths | 1,086 sq.ft.

$439,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 3.27%

Airbnb Rental Income: $1115

Traditional Rental Income: $1959

Airbnb ROI: 0.3%

Traditional ROI: 3.27%

6986 Chippewa Trail

Indian River, MI

3 beds | 2 baths | 2,974 sq.ft.

$699,999

Airbnb cash on cash: -1.54%

Traditional cash on cash: 1.59%

Airbnb Rental Income: $1115

Traditional Rental Income: $2780

Airbnb ROI: -1.54%

Traditional ROI: 1.59%

8554 W M-68

Indian River, MI

3 beds | 3 baths | 2,859 sq.ft.

$2,300,000

Airbnb cash on cash: -2.23%

Traditional cash on cash: -0.91%

Airbnb Rental Income: $1115

Traditional Rental Income: $3553

Airbnb ROI: -2.23%

Traditional ROI: -0.91%

6378 Hillside Avenue

Indian River, MI

5 beds | 3 baths | 2,800 sq.ft.

$949,900

Airbnb cash on cash: 0.67%

Traditional cash on cash: 2.59%

Airbnb Rental Income: $2317

Traditional Rental Income: $3444

Airbnb ROI: 0.67%

Traditional ROI: 2.59%

5064 Wilson Road

Indian River, MI

2 beds | 2 baths | 1,300 sq.ft.

$265,000

Airbnb cash on cash: 2.61%

Traditional cash on cash: 6.47%

Airbnb Rental Income: $1532

Traditional Rental Income: $2052

Airbnb ROI: 2.61%